1423 Monfort Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Cornerstone Realty, LLC | $349,000 | |
| Listed by Cornerstone Realty, LLC | |||
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Beautiful 4 Bedroom - 2 Bath home in the wonderful North Haven Subdivision of Sherman, TX. Open floor plan with large Living Room featuring a gas fireplace. Stylish kitchen with stainless steel appliances, island, and granite counter tops. Master Bedroom features an en suite bathroom, double sinks, and a large walk in shower. Tile floor spans the main living area with comfortable carpet in the bedrooms. The large Back Patio has a nice covered sitting area.
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| Jan 14, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by PARAGON, REALTORS | $325,000 | |
| Listed by PARAGON, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017